Some 1 GW of utility scale project capacity was added to the end of June.
New large-scale solar installations totaled 120 MW compared to 896 MW in the first quarter of year 2020. Rooftop solar addition fell to 85 MW from 194 MW installed in the previous quarter.
In March, the government said delays in renewable energy plant construction on account of Covid-19-prompted supply chain disruption would be considered a force majeure event.
Bidders have until August 25 to lodge the interest for design, engineering, procurement, and construction (EPC) work of a 25 MW floating solar plant in Khandwa district.
Low solar tariff trends can be attributed to developers’ desperate attempt to take advantage of the current situation wherein only safeguard duty of 14.9% is applicable, according to JMK Research.
Private equity investor Actis has completed the acquisition of Haryana-based Acme Solar’s 400 MW PV assets in the states of Andhra Pradesh and Madhya Pradesh.
The cash injection—for a 15-year term at 0.15% interest—will cover 80% of the overall solar project cost of Rs 750 crore.
Australian scientists have identified seven methods to prevent PV losses when overvoltage-induced inverter disconnections occur. The methods include battery storage, reactive power inverters, export limits, distribution static synchronous compensators, the replacement of old conductors in power grids, load reconfiguration, and dynamic voltage restoration.
Having bagged large orders in the U.S. and Australia, Indian multinational engineering, procurement and construction (EPC) services provider Sterling and Wilson Solar is bidding for tenders in regions which have eased up business lines, Europe among them. Kannan Krishnan, S&W’s chief operations officer for solar in India and the South Asian Association for Regional Cooperation area, speaks to pv magazine about the impact of Covid-19 on the solar EPC business and the company’s expansion plans.
A new report by ICRA says large-scale solar in the country will likely achieve the 60 GW target set by the Indian government. Rooftop solar and wind, however, will see a shortfall.
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